Rough Year For Journalism Marked By Increasing Layoffs

Board members of the Texas Democracy Foundation reportedly voted to put the progressive Texas Observer on hiatus and lay off its 17-person staff following prolonged economic woes and shrinking readership, marking the latest in a brutal series of closures and layoffs rocking the media industry in 2023.

March 27The Texas Observer’s staff, who reportedly heard about the impending layoffs from a Texas Tribune article, writes a letter to the Foundation’s board asking them to reconsider the decision to close the paper and sets up an emergency GoFundMe page in a last ditch effort to find funding.

March 23NPR cancels four podcasts—Invisibilia, Louder Than a Riot, Rough Translation and Everyone and Their Mom—and begins laying off 100 employees as part of a push to reduce a reported budget deficit of $30 million.

March 21NPR affiliate New England Public Media announces it will lay off 17 employees—20% of its staff—by March 31 after facing “serious financial headwinds during the last three years,” New England Public Media management tells Boston public radio.

March 19Sea Coast Media and Gannett, a media conglomerate with hundreds of papers and Sea Coast Media’s parent company, lay off 34 people and close a printing press in Portsmouth, New Hampshire as part of Gannet’s efforts to reduce the number of operating presses and prioritize digital platforms.

February 26Three Alabama newspapers—The Birmingham News, The Huntsville Times and the Press-Register—become fully digital publications and reportedly lay off 100 people following a prolonged decrease in print paper circulation, Alabama Media Group President Tom Bates told NPR.

February 17New York public radio station WNYC cancels radio show The Takeaway after 15 years on air after the show reportedly became too expensive to produce amid a declining audience—an unspecified number of people are laid off.

February 9News Corp, which owns the Wall Street Journal and HarperCollins publishers, among others, expects to lay off 1,250 people across all businesses by the end of 2023, Chief Executive Robert Thomson reportedly told investors following compounding declines in profit.

January 24The Washington Post stops publishing its video game and kids sections, leaving 20 people unemployed a little over a month after publisher Fred Ryan foreshadowed layoffs in 2023—executive editor Sally Buzbee reportedly tells employees the layoffs were geared toward staying competitive and no more are scheduled.

January 23The marketing trade publication Adweek lays off 14 people, according to employees.

January 21Vox Media, which owns The Verge, SB Nation and New York Magazine, lays off 133 people—7% of the media conglomerate’s staff— in anticipation of a declining economy, chief executive Jim Bankoff reportedly tells staff.

January 19Entertainment company and fan platform Fandom lays off less than 50 people at affiliated GameSpot, Giant Bomb, Metacritic and TV Guide, Variety reports, mere months after Fandom acquired the four outlets, among others, for $55 million.

January 13The Medford, Oregon-based Mail Tribune shuts down their digital publication after hiring difficulties and declining advertising sales, according to publisher and chief executive Steven Saslow—an undisclosed number of people are laid off and severance packages depend on signing a non-disclosure agreement, the Oregonian reports.

January 12NBC News and MSNBC lay off 75 employees as part of a broader corporate reorganization.

January 4Gannett closes a printing press in Greece, New York, as part of an increased focus on online journalism, resulting in the layoffs of 108 people.

January 4Gannett lays off 50 employees at an Indiana printing press to “adapt to industry conditions,” a spokesperson told the Indiana Star—the press remains open and the layoffs aren’t expected to affect newspaper employees.

Source: https://www.forbes.com/sites/emilywashburn/2023/03/29/2023-media-layoff-tracker-rough-year-for-journalism-marked-by-increasing-layoffs/